Taxes

Infrastructure deficit in Lagos: How taxation can help

by SOLA GBADEBO

January 31, 2018 | 12:45 am

Over the past two years, the bulk of the Lagos State government revenue has been spent on capital expenditure, specifically physical and social infrastructural development. In 2017, 54 percent of the state’s income was voted to infrastructure; in 2016, it was 58 percent and for 2018, a massive 67 percent capital expenditure is proposed. Such…